Hints and tips:
...The Oppenheimer Rochester Maryland Municipal fund, which has 29 per cent invested in Puerto Rico, is down 17 per cent over the same period....
...The state said Wednesday it had sent letters to UBS, Oppenheimer Funds and Fidelity, requesting information on how their municipal funds that contained Puerto Rican municipal debt were sold to Massachusetts...
...The jump came as the largest exchange traded fund betting on munis – iShares S&P National AMT-Free Municipal Bond Fund – touched its lowest since April 2001 at $100.28 on Monday....
...The jump in yields came as the largest exchange traded fund betting on the debt – iShares S&P National AMT-Free Municipal Bond Fund – touched its lowest level since April 2001 at $100.28 this week, accumulating...
...US state and municipal pension schemes are unlikely ever to hit “fully funded” targets over the next 30 years, even if they achieve the ambitious investment returns they are now assuming, according to a...
...● iShares has unveiled a target date maturity municipal bond ETF, the 2018 S&P AMT-Free Municipal Series....
...For example, the largest muni bond ETF, the iShares S&P National AMT-Free Municipal Bond Fund - known as MUB - has 1,150 holdings, only a fraction of the total in the underlying index, the S&P National AMT-Free...
...For example, the iShares S&P National AMT-Free Municipal Bond Fund traded below its benchmark index by 137 basis points in Q4....
...(The Gasb proposal would, however, require the portion of public plans’ liabilities that are chronically underfunded to be valued at municipal bond rates – currently between 3.5 and 4 per cent.)...
...The tax implications of certain securities may not be as straightforward as they seem, especially for people in the alternative minimum tax (AMT). Most types of municipal bonds are generally tax-free....
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